A2Z Announces CFO Appointment
Rhea-AI Summary
A2Z Cust2Mate Solutions (NASDAQ: AZ) announced the appointment of Gadi Levin as Chief Financial Officer, effective immediately. Executive Chair Gadi Graus highlighted Levin's public company background, disciplined financial management, and corporate development expertise, noting his experience in scaling operations and supporting profitability.
Former CFO Alan Rootenberg is thanked for his leadership and will continue to serve on A2Z's Board of Directors. Levin said he is excited to join A2Z at a dynamic stage of its evolution and plans to focus on optimizing capital allocation and supporting the company's strategic growth initiatives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- New CFO appointed with public company and corporate development experience, effective immediately
- Leadership continuity as former CFO remains on the Board of Directors
Negative
- None.
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 06 | Share repurchase extension | Positive | -0.8% | Extended US$20M share repurchase authorization through December 31, 2026. |
| Jun 30 | Consumer research release | Positive | +5.4% | Released survey showing strong consumer interest in enhanced in‑store digital experiences. |
| Jun 11 | Manufacturing ramp update | Positive | +0.3% | Announced China mass production facilities fully operational and ramping smart cart deliveries. |
| May 15 | Q1 2026 earnings update | Positive | -12.5% | Updated Q1 2026 results with revenue up 114% and sizable backlog figures. |
| May 15 | Q1 2026 earnings report | Positive | -12.5% | Reported Q1 2026 revenue growth and large smart cart backlog plus credit facility approval. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent A2Z news has produced mixed reactions, with several seemingly positive operational and capital allocation updates followed by negative price moves.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Gadi brings a wealth of public company experience and a proven track record of disciplined financial management and corporate development," said Gadi Graus, Executive Chair of A2Z. "His experience in scaling operations and driving profitability will be a tremendous asset. I would also like to thank Alan Rootenberg for his leadership and valuable contributions as our Chief Financial Officer. We are grateful that Alan will continue to serve on our Board of Directors, where his experience and insight will remain an important asset to the Company."
Mr. Levin commented: "I am excited to join the A2Z team at this dynamic time in the company's evolution. I look forward to working with the Board and management to optimize our capital allocation and support the Company's strategic growth initiatives.
About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com.
Forward Looking Statements
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect", "will" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the market for our products, the impact of geopolitical, economic, competitive and other factors affecting the Company and its operations, and other matters detailed in reports filed by the Company with the SEC.
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SOURCE A2Z Cust2Mate Solutions Corp.